National Flour Mills Limited (NFM) commenced trading activities in 1966 as Trinidad Flour Mills which was then owned and operated by a group of local and foreign shareholders.
NFM was incorporated on September 30, 1972, with the Government of Trinidad and Tobago holding the majority of the issued share capital; minority holdings were held by two foreign investors - Inter Continental Grain Company and Maple Leaf Limited.
The shareholdings of these two foreign investors were purchased by the Government of Trinidad and Tobago in 1980, thus NFM became a wholly owned State Enterprise.
In 1995 NFM became a Public Limited Liability Company when its shares were sold on the open market and listed on the Trinidad and Tobago Stock Exchange. To date, 49% of its shareholding is owned by the public and 51% by the Government of Trinidad and Tobago.
GROWTH AND DEVELOPMENT
Over the years, National Flour Mills Limited has expanded its operations in several areas:
-
1983 - Acquired Trinidad Grain Terminal with 50 employees. This company was involved in the storage and distribution of corn and the importation of soyabean meal.
-
1984 - Assumed management control of the National Feed Mill Limited, which was insolvent with a negative net worth of $2.7M. The company was acquired in January 1987 at a cost of $689,000.00, thereby becoming a wholly owned subsidiary. In 1999, after a corporate reorganization, the National Feed Mills became the Feed Poultry and Livestock Division of NFM.
-
1985 - Leased the local rice milling operation at Carlsen Field through a lease facility with the Ministry of Agriculture. The Company was also granted the monopoly for the importation of all rice for local consumption. However, with trade liberalization this facility has been removed.
-
1987 - The Company's Soyabean Crushing Plant and Refinery began commercial operations. This facility represented a $40M investment for the Company. Operations at this facility were discontinued in 2006.
-
1988 - A Hydrogenation Plant and a Bottling Facility were commissioned for the manufacture and sale of hydrogenated and bottled oil. Operations at this facility were discontinued in 2006.
-
1992 - The Company increased its onsite storage capacity by 25,000 MT with the construction of additional concrete silos.
-
1995 - The Company became a Public Limited Liability Company when its shares were listed on the Trinidad and Tobago Stock Exchange. Currently, 49% of its shareholding is owned by the Public and 51% by National Enterprises Limited, which itself is a publicly listed company.
-
1996 - Became ISO Certified.
-
1999 - A new state-of-the-art Feed Milling Plant was established and incorporated into the operations of National Flour Mills Limited.
-
2002 – Acquisition of the Dry Mix operations of Nabisco Royal Incorporated. The entire Lion Brand and Royal Brand Product portfolios were acquired. After 2 years the Royal Brand was changed to Lotus.
-
2003 - Obtained distribution rights for SAF Brand of Instant Yeast.
-
2004 – Obtained distribution rights for Akbar tea. This was discontinued in 2006.
-
2004 – Became HACCP (Hazard Analysis Critical Control Point) Certified.
-
2006 – A new state-of-the-art Flour Mill was commissioned. This mill replaced the two older ones previously used.
-
2007 – The Food Import Initiative was implemented. Lamb and Beef were imported in September and Turkey, Ham and Chicken were imported in December.
-
2008 – The Food Import Initiative continued with the importation of an assortment of cereals, an assortment of juices, condensed milk, evaporated milk, and sardines in oil and water. Several Warehouse Sales were held throughout the year to sell these items to consumers at reduced prices.
TYPE OF BUSINESS
NFM is “So much more than flour”. Our business activities are:
-
Flour Milling and Packaging
-
Rice Milling and Packaging
-
Animal Feed Production and Packaging
-
Dry Mix Blending and Packaging
-
Trading
Products are marketed under eight brands namely:
-
Lotus
-
Ibis
-
good N’ natural
-
Lion
-
National
-
Hibiscus
-
Winner’s Choice
-
Command Performance
QUALITY
“Quality is a way of life at NFM”
NFM considers Quality a major factor in its success. In 1996, we attained ISO 9002:1994 Registration. We became an ISO 9001:2000 Registered Company in 2003 and HACCP (Hazard Analysis Critical Control Points) Certified in June 2004.
To date, we have maintained its ISO 9001:2000 Registration and HACCP Certification by ensuring that all manufactured products conform to national and international standards.
As NFM forges ahead to meet the needs of consumers, the Board of Directors, management and staff remain committed, not only to developing the local market, but also an expanding export market.
CORPORATE SOCIAL RESPONSIBILITY
National Flour Mills Limited is committed to enhancing the quality of life of our customers, employees and the community at large. This responsibility goes beyond producing high quality products. It also involves helping to meet critical community needs. We cannot consider ourselves successful as a corporation if we fall short as a good corporate citizen.
NFM continues to support community groups and organizations that operate in the field of sports, health, education, culinary arts and culture.
The rationale and inspiration for our involvement is driven by NFM’s core values and guiding principles such as Integrity, Respect for the Individual, Entrepreneurial Spirit, Environmental Responsibility and Good Corporate Citizenship.
National Flour Mills Limited (NFM) commenced trading activities in 1966 as Trinidad Flour Mills which was then owned and operated by a group of local and foreign shareholders.
NFM was incorporated on September 30, 1972, with the Government of Trinidad and Tobago holding the majority of the issued share capital; minority holdings were held by two foreign investors - Inter Continental Grain Company and Maple Leaf Limited.
The shareholdings of these two foreign investors were purchased by the Government of Trinidad and Tobago in 1980, thus NFM became a wholly owned State Enterprise.
In 1995 NFM became a Public Limited Liability Company when its shares were sold on the open market and listed on the Trinidad and Tobago Stock Exchange. To date, 49% of its shareholding is owned by the public and 51% by the Government of Trinidad and Tobago.
GROWTH AND DEVELOPMENT
Over the years, National Flour Mills Limited has expanded its operations in several areas:
-
1983 - Acquired Trinidad Grain Terminal with 50 employees. This company was involved in the storage and distribution of corn and the importation of soyabean meal.
-
1984 - Assumed management control of the National Feed Mill Limited, which was insolvent with a negative net worth of $2.7M. The company was acquired in January 1987 at a cost of $689,000.00, thereby becoming a wholly owned subsidiary. In 1999, after a corporate reorganization, the National Feed Mills became the Feed Poultry and Livestock Division of NFM.
-
1985 - Leased the local rice milling operation at Carlsen Field through a lease facility with the Ministry of Agriculture. The Company was also granted the monopoly for the importation of all rice for local consumption. However, with trade liberalization this facility has been removed.
-
1987 - The Company's Soyabean Crushing Plant and Refinery began commercial operations. This facility represented a $40M investment for the Company. Operations at this facility were discontinued in 2006.
-
1988 - A Hydrogenation Plant and a Bottling Facility were commissioned for the manufacture and sale of hydrogenated and bottled oil. Operations at this facility were discontinued in 2006.
-
1992 - The Company increased its onsite storage capacity by 25,000 MT with the construction of additional concrete silos.
-
1995 - The Company became a Public Limited Liability Company when its shares were listed on the Trinidad and Tobago Stock Exchange. Currently, 49% of its shareholding is owned by the Public and 51% by National Enterprises Limited, which itself is a publicly listed company.
-
1996 - Became ISO Certified.
-
1999 - A new state-of-the-art Feed Milling Plant was established and incorporated into the operations of National Flour Mills Limited.
-
2002 – Acquisition of the Dry Mix operations of Nabisco Royal Incorporated. The entire Lion Brand and Royal Brand Product portfolios were acquired. After 2 years the Royal Brand was changed to Lotus.
-
2003 - Obtained distribution rights for SAF Brand of Instant Yeast.
-
2004 – Obtained distribution rights for Akbar tea. This was discontinued in 2006.
-
2004 – Became HACCP (Hazard Analysis Critical Control Point) Certified.
-
2006 – A new state-of-the-art Flour Mill was commissioned. This mill replaced the two older ones previously used.
-
2007 – The Food Import Initiative was implemented. Lamb and Beef were imported in September and Turkey, Ham and Chicken were imported in December.
-
2008 – The Food Import Initiative continued with the importation of an assortment of cereals, an assortment of juices, condensed milk, evaporated milk, and sardines in oil and water. Several Warehouse Sales were held throughout the year to sell these items to consumers at reduced prices.
TYPE OF BUSINESS
NFM is “So much more than flour”. Our business activities are:
-
Flour Milling and Packaging
-
Rice Milling and Packaging
-
Animal Feed Production and Packaging
-
Dry Mix Blending and Packaging
-
Trading
Products are marketed under eight brands namely:
-
Lotus
-
Ibis
-
good N’ natural
-
Lion
-
National
-
Hibiscus
-
Winner’s Choice
-
Command Performance
QUALITY
“Quality is a way of life at NFM”
NFM considers Quality a major factor in its success. In 1996, we attained ISO 9002:1994 Registration. We became an ISO 9001:2000 Registered Company in 2003 and HACCP (Hazard Analysis Critical Control Points) Certified in June 2004.
To date, we have maintained its ISO 9001:2000 Registration and HACCP Certification by ensuring that all manufactured products conform to national and international standards.
As NFM forges ahead to meet the needs of consumers, the Board of Directors, management and staff remain committed, not only to developing the local market, but also an expanding export market.
CORPORATE SOCIAL RESPONSIBILITY
National Flour Mills Limited is committed to enhancing the quality of life of our customers, employees and the community at large. This responsibility goes beyond producing high quality products. It also involves helping to meet critical community needs. We cannot consider ourselves successful as a corporation if we fall short as a good corporate citizen.
NFM continues to support community groups and organizations that operate in the field of sports, health, education, culinary arts and culture.
The rationale and inspiration for our involvement is driven by NFM’s core values and guiding principles such as Integrity, Respect for the Individual, Entrepreneurial Spirit, Environmental Responsibility and Good Corporate Citizenship.